RET.A Reitmans June 10 update

reta-june-10

First suggested on April 1 when it was at about $10.80 looking for a target of give or take $19. We are not there yet and would reduce the target to the level of the trend line, or about 15/15.50 simple because it may take too long and , furthermore we have achieved our proverbial 30%, which is at $14. It may go to the ultimate B-wave level of $19 but the market is a little too tricky to stick around with this kind of stock.